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Nano Dimension Ltd. (Nasdaq: NNDM) is a pioneer in the field of additive manufacturing technology, focusing on the development and production of intelligent 3D printing systems for Additively Manufactured Electronics (AME). The company's state-of-the-art 3D printing technologies are revolutionizing the way electronic devices are designed and manufactured, targeting sectors with growing demands for advanced features and rapid prototyping capabilities.
At the core of Nano Dimension’s innovations is the DragonFly multi-material 3D printer family, which utilizes proprietary conductive nano-silver inks and dielectric inks. This technology enables in-house agile hardware development and the creation of multi-layer printed circuit boards (PCBs), which are essential components in various electronic devices. Its applications span across diverse industries including consumer electronics, medical devices, defense, aerospace, automotive, IoT, and telecommunications.
Nano Dimension's machines are designed to meet the cross-industry needs by depositing proprietary conductive and dielectric materials simultaneously, allowing the integration of components such as capacitors, antennas, coils, and transformers. This integration leads to unprecedented performance in electronic devices. The company's portfolio extends into mechanical, chemical, industrial design, and artificial learning areas, addressing sophisticated requirements in autonomous intelligent drones, cars, satellites, smartphones, and medical devices.
Recent Achievements
Nano Dimension is continuously evolving, driven by deep learning-based AI to enhance manufacturing capabilities. By leveraging self-learning and self-improving systems, the company manages a distributed manufacturing network via the cloud, providing transformative solutions for Industry 4.0. Over 2,000 customers, including aerospace and defense, advanced automotive, high-tech industrial, specialty medical technology, R&D, and academia sectors, benefit from the company’s advanced AME and additive manufacturing solutions.
Latest Projects
In its latest initiatives, Nano Dimension announced the release of financial results for the fourth quarter and full year of 2023, showcasing its robust financial health and strategic growth plans. The company has also partnered with industry leaders like Esko and Fiery to further refine digital printing capabilities, underscoring its commitment to innovation and customer-centric solutions.
Financial Condition
The company’s financial trajectory remains strong, supported by strategic investments and partnerships that enhance its product offerings and market reach. Nano Dimension’s commitment to sustainable and economically efficient manufacturing processes aligns with its vision of transforming existing electronics and mechanical manufacturing into next-generation precision additive electronics.
For more information, visit www.nano-di.com.
Nano Dimension Ltd. (Nasdaq: NNDM) has appointed Mr. Igal Rotem to its Board of Directors, succeeding Dr. Eli David, who will remain as Chief Technology Officer. Rotem, formerly CEO of Finaro Bank, has a strong track record of leading companies to significant growth and profitability. His extensive experience includes founding PowerDsine and driving its IPO, alongside roles in developing Bluetooth technology. CEO Yoav Stern expressed confidence that Rotem's diverse background will enhance the Board's expertise, supporting Nano Dimension's innovative strategies in additive manufacturing and electronics.
Nano Dimension (Nasdaq: NNDM) announced the introduction of a new PEEK Header Tank for its ink and fluid delivery systems, enhancing compatibility for various materials. This innovation is aimed at meeting the increasing demands of the graphics and non-graphics markets and will be showcased at InPrint Munich from March 15-17, 2022. The company continues to focus on providing high-quality, reliable products for OEMs and system integrators, including advanced software solutions like Atlas IQ Tools. This initiative reflects Nano Dimension's commitment to improving print performance and optimizing digital printing.
Nano Dimension Ltd. (Nasdaq: NNDM) announced preliminary financial results for Q4 and the full year 2021, reporting consolidated revenues of approximately $7 million for Q4 and $10 million for the full year. The company's cash and deposits stood at approximately $1.355 billion. These figures are unaudited and may change upon final audit completion. Nano Dimension is leading in Additively Manufactured Electronics and aims to transform the electronics sector with innovative manufacturing solutions.
Nano Dimension Ltd. (Nasdaq: NNDM) announced a collaboration with TTM Technologies to open the first AME NanoLab at TTM's Advanced Manufacturing Center in Stafford Springs, CT. This initiative aims to accelerate the design and innovation of additively manufactured High-Performance Electronic Devices (Hi-PEDs). The NanoLab Network will enhance customer experience from design to prototyping, providing access to the latest technology and expert training. This partnership is designed to drive growth and new capabilities in the AME market, while also reducing the environmental impact of electronics manufacturing.
Nano Dimension (Nasdaq: NNDM) announced a strategic collaboration with XTPL S.A. to develop new nano-particle based conductive ink for Additively Manufactured Electronics (AME). The partnership aims to enhance high-performance materials for 3D electronic printing technology. The CEO of XTPL expressed confidence that this collaboration will significantly advance the AME market. Hanan Gino, Chief Product Officer of Nano Dimension, highlighted the importance of expanding their material portfolio through such partnerships, which will aid customers in developing advanced electronic devices.
Nano Dimension (Nasdaq: NNDM) announced its acquisition of Global Inkjet Systems Ltd. (GIS) for $18.1 million in cash, with additional payments contingent on performance up to $10.7 million. GIS, known for its high-performance ink delivery systems, reported approximately $10 million in revenue and a 51% gross margin for the year ending March 31, 2021. This acquisition aims to enhance Nano Dimension's 3D printing capabilities and expand its market reach, offering synergies that will accelerate product development and commercial growth in emerging additive manufacturing markets.
Nano Dimension Ltd. (Nasdaq: NNDM) announced the sale of its DragonFly IV 3D-AME Printer and FLIGHT Application Software to a leading Western Defense Force. The DragonFly IV system, designed for High-Performance Electronics (Hi-PEDs®), has received positive feedback since its November 2021 launch, enhancing design flexibility and print quality in the electronics sector. Amit Dror, Co-Founder, noted that investments in marketing and sales presence in the Americas aim to accelerate demand and revenue growth. The company envisions transforming additive manufacturing sectors with its innovative solutions.
Nano Dimension Ltd. (Nasdaq: NNDM) announced on December 14, 2021, that CEO Yoav Stern purchased approximately $500,000 in company shares, signaling confidence in its future. This investment follows the successful launch of the DragonFly IV system and associated FLIGHT software at the Productronica Show, leading to sales to a government defense supplier and a European agency. The company is also integrating its recent acquisition of ESSEMTEC AG, enhancing its microchip placement capabilities, all aimed at advancing its vision of Industry 4.0 solutions in additive manufacturing.
Nano Dimension Ltd. (Nasdaq: NNDM) has announced the sale of its first two DragonFly IV 3D-AME printers after successful beta tests with leading customers. This system aims to enhance the production of high-performance electronic devices by simultaneously depositing proprietary dielectric and conductive materials. The DragonFly IV, paired with the new FLIGHT software suite, boasts improved accuracy in electronic designs, enabling the creation of complex 3D geometries. This innovation supports high-density interconnects and enhances print quality, potentially revolutionizing the 3D printed electronics market.
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